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Dec 28, 2012
12/12
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FBC
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senate majority leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter in a republican-controlled house. now he is leaving it up to the two leaders in the u.s. senate try to reach a compromise. something perhaps along the line of what is being negotiated between the speaker and the president a couple of weeks ago. perhaps a tax increase for amounts of more than $400,000 or $500,000 per year. also, senate leaders want to include something on the estate tax, according to a white house official. we'll can also be key to this is that the white house officials are also telling fox news and ed henry that it appears as though the debt ceiling is not part of that. this is a huge nonstarter for republicans in the house. the
senate majority leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out a proposal earlier this evening. at the beginning of this meeting. $250,000 per year. that income would be shielded from tax increases, and now he wants an extension of unemployment insurance. that is something that essentially a nonstarter in a republican-controlled house. now he is leaving it up to the two leaders...
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Jan 2, 2013
01/13
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WJLA
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. >> house speaker john boehner laurence state tirade of expletives that harry reid right outside the house speaker a dictator on the senate floor. you can expect more of that tension in the weeks to come. >> stay with us for complete coverage of the fiscal cliff deal and what could happen in the next few months. for more on the impact on you and your family, the 02 -- go to wjla.com and our social media websites. >> the other story is the failure of congress to come up with a comprehensive relief package for the victims of hurricane sandy. the governor of new jersey is angry at the house speaker for pulling the eight, calling it a trail. it comes after the senate approved a package on friday. chris christie called the move in the house a slap in the face to the state. >> americans are tired of the palace intrigue and political partnership -- partisanship of this congress that pleases one upmanship head of the lives of the citizens who sends these people to washington d.c. in the first place. >> a vote to sandy relief will happen in house by january 15. >> the latest in a development
. >> house speaker john boehner laurence state tirade of expletives that harry reid right outside the house speaker a dictator on the senate floor. you can expect more of that tension in the weeks to come. >> stay with us for complete coverage of the fiscal cliff deal and what could happen in the next few months. for more on the impact on you and your family, the 02 -- go to wjla.com and our social media websites. >> the other story is the failure of congress to come up with a...
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Dec 27, 2012
12/12
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FOXNEWSW
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moments ago harry reid took to the floor of the u.s. senate and blasted the house speaker john boehner a kaoutsing the speake accusing him of putting his career ahead of middle class families. >> the american people i don't think understand the house of representatives is operating without the house o representatives. it's being opted with a dictatorship of the speaker not allowing the representatives to get what they want. if the 250 would be brought up it would pass overwhelmingly, i repeat. gregg: a dictatorship. how about that? republican leadership has said it's up to the u.s. senate to act first, because the house has already passed two bills related to the fiscal cliff, so we'll wait and see what happens there. as if parking wasn't frustrating enough, one city is boosting its meter rates to become the country's most expensive place to park. would you believe $6.50 an hour? we'll tell you where. patti ann: canadian companies trying to fill hundreds of jobs by recruiting americans. >> it's a real boon to canada, we're happy to brin
moments ago harry reid took to the floor of the u.s. senate and blasted the house speaker john boehner a kaoutsing the speake accusing him of putting his career ahead of middle class families. >> the american people i don't think understand the house of representatives is operating without the house o representatives. it's being opted with a dictatorship of the speaker not allowing the representatives to get what they want. if the 250 would be brought up it would pass overwhelmingly, i...
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619
Dec 29, 2012
12/12
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FOXNEWSW
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majority leader harry reid recognizes this is a critical time. we have a lot meeting in the white house very con struck stif. we hope that it will bear fruit. we hope the next 24 hours will be very instructive as to what we're able to accomplish. >> in order to make that happen, the senate will not be in session tomorrow, harris. >> do they generally agree with the democratic perspective here on whether or not this can get done? >> harris, republicans say it was a good meeting at the white house. we're told there was a discussion of potential options and components of a plan that could pass both the house and senate. here's the top senate republicans take. >> we are engaged in discussions, the majority leader and myself and the white house in the hopes that we can come forward i can make to my conference and the majority leader can make to his conference. so we'll be working hard it to try to see if we can get there in the next 24 hours. >> that's sets up a critical day on sunday when house republicans and their colleagues the democrats return an
majority leader harry reid recognizes this is a critical time. we have a lot meeting in the white house very con struck stif. we hope that it will bear fruit. we hope the next 24 hours will be very instructive as to what we're able to accomplish. >> in order to make that happen, the senate will not be in session tomorrow, harris. >> do they generally agree with the democratic perspective here on whether or not this can get done? >> harris, republicans say it was a good meeting...
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Dec 28, 2012
12/12
by
WBAL
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>> it is still on the table, what harry reid and mitch mcconnell are working on. the question is can they device something in the next 24 hours that would set an income tax hike threshold to $400,000 and use steps to use that revenue to defer the sequester, those automatic indiscriminate budget cuts nobody wants to happen. the question is going to be, can they get that done and get enough republicans in the senate to support it to convince the house to take it up? if not, the president and democrats are going to dare republicans to block an up or down vote on the president's proposal of tax hikes for everyone over $250,000. >> john harwood joining us from washington this evening. thanks so much, john. >>> and a program note. david gregory will have an exclusive interview with president obama on the fiscal cliff crisis this sunday on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend, and that may not be the end of it. the weather channel's chris warren joins me now. chris, good evening. >> good evening
>> it is still on the table, what harry reid and mitch mcconnell are working on. the question is can they device something in the next 24 hours that would set an income tax hike threshold to $400,000 and use steps to use that revenue to defer the sequester, those automatic indiscriminate budget cuts nobody wants to happen. the question is going to be, can they get that done and get enough republicans in the senate to support it to convince the house to take it up? if not, the president...
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Dec 31, 2012
12/12
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KPIX
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. >> reporter: sell cratic leader harry reid said the gulf over taxes was still too wide. and he signaled the white house might be tying his hands. >> i've had a number of conversations with the president. and this stage we're not able to make the counteroffer. >> reporter: so senator mcconnell called the vice president who he served with in the senate for 24 years. the two men spoke several times on sunday. >> i want em to know i'm willing to get this done. but i need a dance partner. >> reporter: democrats want to let the bush era tax cuts expire for household income over $250,000 a year. republican was rather set the cuttoff at around half a million dollars or keep the tax cuts in place for everyone. in an interview on nbc's meet the press president obama said the endless wrangling was not the democrat's fault. >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. >> at midday democrats suddenly declared that one element of the republican offer was a deal breaker. a proposal to chang
. >> reporter: sell cratic leader harry reid said the gulf over taxes was still too wide. and he signaled the white house might be tying his hands. >> i've had a number of conversations with the president. and this stage we're not able to make the counteroffer. >> reporter: so senator mcconnell called the vice president who he served with in the senate for 24 years. the two men spoke several times on sunday. >> i want em to know i'm willing to get this done. but i need a...
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180
Dec 27, 2012
12/12
by
WMAR
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after senate majority leader harry reid warned today that the government could per happen goes of that fiscal cliff. now, just five days until everyone's taxes go up in this country, how much for the average american family? here's our chief white house correspondent jon karl tonight. >> reporter: president obama cut short his hawaii vacation, running back to washington, where storm clouds, real storm clouds, are gathering over the capitol. instead of deal making, it's name calling. the top democrat in the senate, accusing the republican speaker of the house of running a dictatorship. they say they haven't given up, but it sure sounds that way. >> i don't know time wise how it can happen now. >> here we are, once again, at the end of the year, staring at a crisis we should have dealt with literally months ago. >> reporter: vice president biden made a rare appearance in the senate, not to negotiate -- >> i do. >> congratulations, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan
after senate majority leader harry reid warned today that the government could per happen goes of that fiscal cliff. now, just five days until everyone's taxes go up in this country, how much for the average american family? here's our chief white house correspondent jon karl tonight. >> reporter: president obama cut short his hawaii vacation, running back to washington, where storm clouds, real storm clouds, are gathering over the capitol. instead of deal making, it's name calling. the...
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Dec 28, 2012
12/12
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FOXNEWSW
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we saw yesterday senate majority leader harry reid basically accusing john boehner of running a deck tate toreship, that was his word in the house of representatives. reid piled on a little bit late yesterday afternoon and senate republican leader mitch mcconnell responded. take a listen. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them two in fact. they're not here. they're not here. john boehner seeps to care more about keeping his speakership than about keeping the nation on firm financial footing. >> reporter: there have been all eyes on senator mitch mcconnell, the republican leader, the counterpart to harry reid because he has been pretty quiet early on in the negotiations. was defering speaker boehner to give the republican side. after hearing senator reid yesterday, senator mcconnell fired back. take a listen. >> we're coming up against a hard deadline here and i said, this is a conversation we should had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just becaus
we saw yesterday senate majority leader harry reid basically accusing john boehner of running a deck tate toreship, that was his word in the house of representatives. reid piled on a little bit late yesterday afternoon and senate republican leader mitch mcconnell responded. take a listen. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them two in fact. they're not here. they're not here. john boehner seeps to care more about keeping his...
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Jan 3, 2013
01/13
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FOXNEWSW
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>>gregg: harry reid tried to blame it on the sun. he is a former boxer and he lost more fights than he won. mike emanuel live from capitol hill. >> a new sign that washington spending worries have not gone away although there is a deal to avoid the cliff. moody's gave a "negative outlook" to the united states but maintained the aaa score. moody's analyst say lawmakers need to take more action to slash the deficit in the coming months to avoid a downgrade. the fiscal cliff deal only delayed the tough automatic spending cuts so we could be in for another fight over the same sort of budget woes very soon. for now, president obama has returned to his vacation in hawaii. wendell got to tag along, live in honolulu. give us a preview of the next round of the spending battle. >>reporter: senate minority leader mcconnell made clear it will come in the fight over racing the debt ceiling the next couple of months. we will face another fiscal cliff then, too. mcconnell says republicans will demand the spending cuts they did not get in the agreem
>>gregg: harry reid tried to blame it on the sun. he is a former boxer and he lost more fights than he won. mike emanuel live from capitol hill. >> a new sign that washington spending worries have not gone away although there is a deal to avoid the cliff. moody's gave a "negative outlook" to the united states but maintained the aaa score. moody's analyst say lawmakers need to take more action to slash the deficit in the coming months to avoid a downgrade. the fiscal cliff...
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Dec 28, 2012
12/12
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KPIX
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. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who hasn't reached out for weeks. >> the phone never rang. and so now here we are, five days from the new year, and we might finally start talking. >> reporter: but talking about what? so far, reid has not introduced the scaled-down bill he was reportedly working on over the christmas holiday. sources say that bill would extend the bush-era tax cuts for
. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker...
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Dec 29, 2012
12/12
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MSNBCW
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i have a lot of confidence in harry reid's negotiating ability. mitch mcconnell is a veteran negotiator, and i think there's a far better prospect of something being worked out in the senate than there was dealing with speaker boehner and his completely dysfunctional house republican party. >> sure. well, abiding by convention and of course protocol, the senate won't return until sunday. will there be enough time for the senate leaders to really craft a deal that is substantiative and makes a difference, especially to the most vulnerable americans? >> yeah, i think the two keys that the president laid out are to protect middle class americans from tax increases and to protect families that haven't been able to get back in the workforce have having their unemployment insurance cut off. and if those two things can be done, a lot of the rest can be worked in in the weeks and days to come. we have other deadlines coming up for the debt limit and for the end of the continuing resolution, so i think this is likely to be a bit of a continuing process. bu
i have a lot of confidence in harry reid's negotiating ability. mitch mcconnell is a veteran negotiator, and i think there's a far better prospect of something being worked out in the senate than there was dealing with speaker boehner and his completely dysfunctional house republican party. >> sure. well, abiding by convention and of course protocol, the senate won't return until sunday. will there be enough time for the senate leaders to really craft a deal that is substantiative and...
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Dec 29, 2012
12/12
by
WETA
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. >> and back at the capital the senate's democratic majority leader harry reid and republican minority leader mitch mcconnell offered their takes on the meeting. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader, myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. and so we'll be working hard to try to see if we can get there in the next 24 hours. and so i'm hopeful and optimistic. >> whatever we come up with is going to be imperfect. some people aren't going to like it. some people will like it less. but that's where we are. and i feel confident that we have an obligation to do the best we can and that was made very clear. >> brown: house speaker john boehner aides said if the senate passes a bill the house will take it up and either accept or amend it and a short time ago president obama appeared in the white house briefing room with a statement. here is some of what he said. >> we had a cons
. >> and back at the capital the senate's democratic majority leader harry reid and republican minority leader mitch mcconnell offered their takes on the meeting. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader, myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. and so we'll be working...
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Jan 1, 2013
01/13
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CNNW
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we heard harry reid earlier before saying that it will require a 60 though a majority. so far we have heard that when rand paul, the tea party republican senator from kentucky, has voted no. that has been the only no vote i have heard so far but there will be others. this deal is expected to pass the senate. once it gets through the senate, it must then go to the house of representatives which will convene later today, tuesday. and the republican leadership in the senate, some confusion. not entirely sure whether or not the republicans will in fact pass this bill. they said they will look at it, read it, they want to amend it and suggest changes. the me send it back to the senate. they may in fact vote on it and improve it. this is the first step. once it goes there, there are still other issues, other budget issues which the u.s. government and congress have to deal with. literally they have to deal with the spending side of the question. our cnn radio congressional correspondent is in washington watching the vote right now. i noticed rand paul voted no. who else? >> t
we heard harry reid earlier before saying that it will require a 60 though a majority. so far we have heard that when rand paul, the tea party republican senator from kentucky, has voted no. that has been the only no vote i have heard so far but there will be others. this deal is expected to pass the senate. once it gets through the senate, it must then go to the house of representatives which will convene later today, tuesday. and the republican leadership in the senate, some confusion. not...
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Dec 31, 2012
12/12
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WUSA
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i would say to harry reid bring a bill to the floor of the senate and let's start voting. quit trying to cut deals behind closed doors. get to the floor of the senate. let the american people see the discussion. but as your opening report said this morning on this show, it seems like the president is handcuffing harry reid from bringing a bill to the floor now. the president i believe is slowing down the process, not helping. >> senator barrassow, thanks. >> thanks so much for having me. >>> bad weather in the northwest may be to blame for a tour bus accident that killed 9 and injured at least 20 others. as lee cowan reports the bus lost control and went down an embankment. >> reporter: a steel guardrail along the rural park did little to keep the tour bus and the roughly 40 passengers from going over the 85-foot drop. dozens of rescuers followed a black scar down to the bottom of the ravine, resting upright but damaged. getting down to the injured and dying was a process. >> there was snow on the ground which made it pretty treasure rush, so we used a haul system to get t
i would say to harry reid bring a bill to the floor of the senate and let's start voting. quit trying to cut deals behind closed doors. get to the floor of the senate. let the american people see the discussion. but as your opening report said this morning on this show, it seems like the president is handcuffing harry reid from bringing a bill to the floor now. the president i believe is slowing down the process, not helping. >> senator barrassow, thanks. >> thanks so much for...
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Dec 29, 2012
12/12
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WFDC
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reid en un esfuerzo para evitar el abismo fiscal. el presidente se refiriÓ en una breve declaraciÓn a esta reuniÓn. >>> pero si no hay un acuerdo en las prÓxima horas, lean mo al senador reid que traiga mi propuesta para la votaciÓn indicÓ el lÍder demÓcrata y el senador asegurÓ que se espera una recomendaciÓn concreta para el domingo en la maÑana. >>> las prÓximas 24 horas son cruciales. indicÓ y el republicano manifestÓ su optimismo al respecto. para este analista econÓmico las posibilidades de alcanzar un gran acuerdo que evite el recorte de gastos sociales, no serÁ viable en corto tiempo. >>> lo que tendremos es un acuerdo para que no le suban los impuestos a aquellas personas que ganan menos de cierta cantidad. no se aumento tep los impuestos a personas que ganan menos de 250 mil dÓlares anuales. los republicanos buscan que los recortes de impuestos aprobados en el 2001 en la administraciÓn bush se mantengan para quienes ganan un millÓn de dolares. si no hay consenso, las consecuencias son inmensas para los co
reid en un esfuerzo para evitar el abismo fiscal. el presidente se refiriÓ en una breve declaraciÓn a esta reuniÓn. >>> pero si no hay un acuerdo en las prÓxima horas, lean mo al senador reid que traiga mi propuesta para la votaciÓn indicÓ el lÍder demÓcrata y el senador asegurÓ que se espera una recomendaciÓn concreta para el domingo en la maÑana. >>> las prÓximas 24 horas son cruciales. indicÓ y el republicano manifestÓ su optimismo al respecto. para este...
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Dec 28, 2012
12/12
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KPIX
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eye 478
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. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time president obama has met face to face with congressional leaders since mid-november. duarte, tick tock. >> thank you. >>> general schwarzkopf is being remembered this morning as a great hero and tactician. as teresa garcia the general died y
. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate...
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220
Dec 31, 2012
12/12
by
CNBC
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eye 220
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>> well, i wasn't able to hear what harry reid just said because we were on the air. and i had the piece in my ear. so i don't know exactly any other time table he gave. but what i mentioned as you and i talked a few minutes ago was the republican source was telling me expect the negotiations to keep going, that we weren't going to get a deal immediately, that things have to be scored and prepared and then members have to get briefed. so we'll go deeper in to the day in terms of this process and when any potential votes might happen, but i would expect that if biden and mcconnell spoke at 6:30 this morning, their staffs are probably buttoning up the results of that phone call. there may be more phone calls. and then when they have got a deal, when they have it scored and agreed upon, they will come out and we'll all know it pretty quickly. but not just yet. >> reid says fiscal cliff negotiations continue. differences remain. mcconnell is not on the floor. good sign? too busy working things out in the back room somewhere? >> i would think that's a good sign. if you're
>> well, i wasn't able to hear what harry reid just said because we were on the air. and i had the piece in my ear. so i don't know exactly any other time table he gave. but what i mentioned as you and i talked a few minutes ago was the republican source was telling me expect the negotiations to keep going, that we weren't going to get a deal immediately, that things have to be scored and prepared and then members have to get briefed. so we'll go deeper in to the day in terms of this...
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Dec 28, 2012
12/12
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FOXNEWSW
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we're getting a lot of name calling here on capitol hill, including yesterday with harry reid accused john boehner of being a dictator. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. not allowing the vast majority of the house of representatives to get what they want. >> that drew this response from speaker boehner. the senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. the senate democrats have not. now, the final point here, and this is going to -- but believe it or not, we're also talking about milk. it's not directly part of the fiscal cliff, but because congress didn't pass a farm bill this year, you have these bizarre 1949 price supports that would go back into effect unless congress can fix that. if they don't, the price you pay at the grocery store is going to skyrocket. maybe several dollars a gallon. so because of that, congress wants to make a milk fix part of any part o
we're getting a lot of name calling here on capitol hill, including yesterday with harry reid accused john boehner of being a dictator. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. not allowing the vast majority of the house of representatives to get what they want. >> that drew this response from speaker boehner. the senator reid should talk...
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580
Dec 31, 2012
12/12
by
KQED
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eye 580
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. >> new year's eve morning at the capitol began with a warning from senate majority leader harry reid. after a long weekend dush -- weekend of tense negotiations vice president joe biden had spent sunday dealing directly with the senate's republican minority leader mitch mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> it was widely reported that the deal would include making the bush era tax cuts permanent for families with incomes under $450,000 a year. for households making more than that amount, rates would rise from the current 35% to 39.6%. the agreement would also raise the estate tax. in addition, unemployment benefits would be extended for one year. otherwise some 2 million americans face the end of their benefits beginning in january. on the senate floor s
. >> new year's eve morning at the capitol began with a warning from senate majority leader harry reid. after a long weekend dush -- weekend of tense negotiations vice president joe biden had spent sunday dealing directly with the senate's republican minority leader mitch mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's...
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Dec 28, 2012
12/12
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MSNBCW
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. >> it seems like any deal would be hammered out in the senate with harry reid and mish mcconnell. here's mcconned yesterday and what he said. >> last night i told the president we would be happy to look at bhafr he proposes, but we're coming up against a hard deadline, and as i said, this is a conversation we should have had months ago. republicans aren't about to write a blank check for nick that senate democrats put forward just because we find ourselves at the edge of the cliff. >> perry, what are you hearing on details? the hill suggesting that the estate tax could be a key part of a potential deal? what could be part of this final smaller deal. >> my idea is probably some extension of unemployment insurance, the middle-class tax cuts, maybe the estate tax, maybe not. the important though, i think, is mcconnell and the senate is important, but ultimately john boehner has said he wants the majority of republican members of the house to vote for whatever deal happens. that's a key factor. they have to agree to something that president obama also agrees to. that's a big gap. basi
. >> it seems like any deal would be hammered out in the senate with harry reid and mish mcconnell. here's mcconned yesterday and what he said. >> last night i told the president we would be happy to look at bhafr he proposes, but we're coming up against a hard deadline, and as i said, this is a conversation we should have had months ago. republicans aren't about to write a blank check for nick that senate democrats put forward just because we find ourselves at the edge of the...
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Jan 2, 2013
01/13
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WUSA
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mitch mcconnell, the senate's top republican ditched harry reid, his counterpart across the aisle, and asked to negotiate exclusively with biden. the two men talked around the clock on the phone after midnight on monday and at 6:00 later that morning. >> i appreciate the vice president's willingness to get this done for the country. >> reporter: it was the second time in two weeks that the president put his number two in charge. >> the president asked me to convene this meeting with you. >> reporter: last month the vice president was asked to attack the gun law. after his public gaffes hi was asked to limit his role essentially benching the vice president after he jumped the gun and endorsed same-sex marriage. >> i'm absolutely comfortable with the fact that men marrying men and women marrying women are entitled to the same exact rights, all the civility rights. >> reporter: that forced the president to change his position on it early already than planned. and then people were outraged when he said this about mitt romney to an african-american audience. >> he's going to let the big ban
mitch mcconnell, the senate's top republican ditched harry reid, his counterpart across the aisle, and asked to negotiate exclusively with biden. the two men talked around the clock on the phone after midnight on monday and at 6:00 later that morning. >> i appreciate the vice president's willingness to get this done for the country. >> reporter: it was the second time in two weeks that the president put his number two in charge. >> the president asked me to convene this...
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Jan 3, 2013
01/13
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the speaker made headlines yesterday for his apparent comment to senate majority leader harry reid, "go f yourself." politico took a lovely trip down memory lane on other politicians who dropped a bomb. joe biden called the signing of a law a bfd. former vice president dick cheney told patrick leahy to f yourself in an argument over halliburton and senator john kerry used it with an interview with the rolling stone over an interview about the iraq war. did i expect george bush to f it up as badly as he did? i don't think anybody did. whoo. whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2
the speaker made headlines yesterday for his apparent comment to senate majority leader harry reid, "go f yourself." politico took a lovely trip down memory lane on other politicians who dropped a bomb. joe biden called the signing of a law a bfd. former vice president dick cheney told patrick leahy to f yourself in an argument over halliburton and senator john kerry used it with an interview with the rolling stone over an interview about the iraq war. did i expect george bush to f it...
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Dec 31, 2012
12/12
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the white house is in constant contact with the democratic leader harry reid. and they're working towards some kind of an agreement. but the white house has all along had -- during these past few days, been somewhat hopeful that they could reach some kind of agreement in the senate. all along, they have been far less optimistic that there would be an agreement that can get through the house. only because from the white house's perspective, from democrats' perspective broadly, they've been let down time and again by speaker boehner. they've never been able to reach a deal with speaker boehner. and now with this news that the house is going to be breaking for the evening, it does look like that might happen again. now, there's one reason, wolf, why they are filling this package with measures that could appeal to democrats, not just, as you mentioned, increasing, letting taxes for the highest income earners go to clinton rates. also extending unemployment benefits. but also it includes tuition credits and tax credits for kids because these are designed to woo demo
the white house is in constant contact with the democratic leader harry reid. and they're working towards some kind of an agreement. but the white house has all along had -- during these past few days, been somewhat hopeful that they could reach some kind of agreement in the senate. all along, they have been far less optimistic that there would be an agreement that can get through the house. only because from the white house's perspective, from democrats' perspective broadly, they've been let...
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Dec 28, 2012
12/12
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. >> well, harry reid says he is the reason there is no deal on the fiscal cliff. we're going to ask grover norquist himself if there's any room for compromise when he joins us live. you've got to stay with us right here on the "closing bell." we're now down 133 points on the dow. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix
. >> well, harry reid says he is the reason there is no deal on the fiscal cliff. we're going to ask grover norquist himself if there's any room for compromise when he joins us live. you've got to stay with us right here on the "closing bell." we're now down 133 points on the dow. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male...
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Dec 31, 2012
12/12
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WRC
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harry reid and mitch mcconnell do have one, it's on again, off again, but it can deteriorate quickly as we saw yesterday. biden is important. if there's anybody with a personal relationship in the white house -- if you can fault the white house for one big thing, it's the lack of developing a personal relationship with mitch mcconnell, between the president and him. there is one between joe biden and him. >> chuck todd, thanks. >> you got it. >>> let's get to the morning's other top stories. andrea canning is in for natalie at the news desk. good morning. >> good morning. and happy almost new year's to you. and happy new year's to you at home. authorities are hoping to speak with a seriously injured bus driver. at least nine people were killed and 26 injured. the bus was returning to canada after a trip to las vegas. >>> the woman charged with pushing a stranger to his death in front of a new york city subway train thursday reportedly has an issue of mental health issues and three previous arrest s. erica men endez targeted a 36-year-old native of india because she blamed, quote, mus
harry reid and mitch mcconnell do have one, it's on again, off again, but it can deteriorate quickly as we saw yesterday. biden is important. if there's anybody with a personal relationship in the white house -- if you can fault the white house for one big thing, it's the lack of developing a personal relationship with mitch mcconnell, between the president and him. there is one between joe biden and him. >> chuck todd, thanks. >> you got it. >>> let's get to the morning's...
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Dec 27, 2012
12/12
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CNNW
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let's listen to harry reid. he is not happy about the house and being away. he is the top senate democrat. >> we are here in washington working. we have the house of representatives out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> here's a reality. reid said it's beginning to look to him as though we will plunge over the cliff come tuesday. they are keeping an eye on washington to see what develops. since it looks as though we are headed for higher taxes, i want to bring in terry savage, a personal finance expert for the chicago sun times. terry, let's walk through the higher taxes. we heard little class families are likely to lose $2,000 a year. you break it down this way for single earners making $85,000 a year if their take home pay is $2500 every two weeks. when the higher taxes kick in, they will see their pay go down $120. that's not a little. we are taking a major hit. >> this is big money. almost $400 a month. when you add up a couple of biweekly paychecks. i have numbers fro
let's listen to harry reid. he is not happy about the house and being away. he is the top senate democrat. >> we are here in washington working. we have the house of representatives out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> here's a reality. reid said it's beginning to look to him as though we will plunge over the cliff come tuesday. they are keeping an eye on washington to see what develops. since...
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Dec 28, 2012
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that was a very personal shot from harry reid. is it accurate to say, open question, that speaker boehner is worried about staying speaker? >> yes. he's definitely -- i think he's not worried about his election on january 3rd, but that's not the end of it. you know, i think he's worried about his speakership every day he's speaker -- >> do you agree with that, he's worried he may be losing out or being thrown out of the speakership by his own party? >> for sure. he spent the first two years of his speakership looking over his shoulder as the camera shows of eric cantor right behind him ready -- >> but cantor is with him now, isn't he? hasn't his number two guy joined him? >> he's his number two guy and supporter, but he's the spiritual leader of the tea party caucus there, and that's the group that seems to be calling the shots right now in the house of representatives. >> let's talk about the republican party. let's try to be really analytical here. you know, to me two things happen in every election. one, somebody wins, somebody
that was a very personal shot from harry reid. is it accurate to say, open question, that speaker boehner is worried about staying speaker? >> yes. he's definitely -- i think he's not worried about his election on january 3rd, but that's not the end of it. you know, i think he's worried about his speakership every day he's speaker -- >> do you agree with that, he's worried he may be losing out or being thrown out of the speakership by his own party? >> for sure. he spent the...
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Dec 31, 2012
12/12
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so i'm getting the sentence that harry reid and the democrats don't want a deal. they want to go off the cliff. >> well, and that's certainly one opinion that's out there, andrea. the cpi aspect, democrats said, you know, we were willing to do that if you were talking about a huge 4 trillion dollar teal deal where we're going to cut a lot of different things, but as part after smaller deal they're trying to iron out over the course this have weekend, they said that that was a poison pill. so bottom line, they were not happy with this at the last minute. they made it well-known to everybody today to certainly stop it from happening so then we heard from a lot of republicans saying, fine, if it's a deal breaker, we're not going to do it and certainly the republicans would like some other sweeteners that would be appealing to them in the final deal. >> and do people in washington, to they realize how angry a lot of americans are? we're down to the wire on a financial crisis that we haven't seen in a long, long time, and there's no agreement. they're scrabbling like k
so i'm getting the sentence that harry reid and the democrats don't want a deal. they want to go off the cliff. >> well, and that's certainly one opinion that's out there, andrea. the cpi aspect, democrats said, you know, we were willing to do that if you were talking about a huge 4 trillion dollar teal deal where we're going to cut a lot of different things, but as part after smaller deal they're trying to iron out over the course this have weekend, they said that that was a poison pill....
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Dec 31, 2012
12/12
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KGO
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that ended when harry reid said he could not present a counterproposal. in a hail mary, mcconnell phoned for help. >> i placed a call to the vice president to see if he could help jump start the negotiations on his side. i want everyone to know, i'm willing to get this done. but i need a dance partner. >> reporter: white house officials say vice president biden is now playing a direct role in the talks. the two parties remain at odds over the automatic, across the board cuts to government programs. there's divide on taxes. the white house wants to raise tax rates on people making more than $250,000 a year and republicans want to keep the estate tax from going up. >> if we're not able to reach an agreement, it will be dire. >> reporter: if there's no deal today, the average american family will start the year with a $3400 tax hike. paula and john? >> tahman bradley reporting live from washington this morning. thanks, tahman. happy new year to you. >> reporter: same to you. >>> the president called the shooting at newtown was the worst day of his presidency
that ended when harry reid said he could not present a counterproposal. in a hail mary, mcconnell phoned for help. >> i placed a call to the vice president to see if he could help jump start the negotiations on his side. i want everyone to know, i'm willing to get this done. but i need a dance partner. >> reporter: white house officials say vice president biden is now playing a direct role in the talks. the two parties remain at odds over the automatic, across the board cuts to...
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Dec 28, 2012
12/12
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senate leaders harry reid and mitch mcdonnell and john boehner and nancy will sit down with president obama. it's the first time all five are meeting since november. economists hope they'll come up with a plan to avoid automatic tax increases and government spending cuts. some fear the meet as good just for show, however a big development with the senate minority leader. he spoke directly with the president for the first time in negotiations. >> i told the president we would be happy to look at whatever he proposes but the truth is we're coming up against a hard dead line here and as i said, this is a conversation we should have had months ago. >> the main sticking point is who should pay more in taxes. democrats want a hike on households making more than $400,000 a year and republican aids say their leaders might get on board with that offer. >>> meanwhile if they aren't able to avoid the fiscal cliff people here in alabama will be especially hard hit. that's because prop 30 will soon mean higher sales taxes and higher income taxes on the state's top earners, the fiscal cliff would a
senate leaders harry reid and mitch mcdonnell and john boehner and nancy will sit down with president obama. it's the first time all five are meeting since november. economists hope they'll come up with a plan to avoid automatic tax increases and government spending cuts. some fear the meet as good just for show, however a big development with the senate minority leader. he spoke directly with the president for the first time in negotiations. >> i told the president we would be happy to...
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Jan 2, 2013
01/13
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speaker boehner was upset at harry reid because harry reid made some very intemperate and over the top kind of ridiculous remarks about the speaker as a dictatorship which, of course, is silly when you consider the speaker couldn't even get his own plan "b" cleared on the floor of the house of representatives because of republican opposition, but that's the kind of tension that arises when you've got polarized parties and one party especially in the grip of a faction that is very conservative, doesn't go by the normal political rules of what compromise is about and what the government ought to spend money for. >> i mean, the story, is harry read, as we all know, referred to john boehner as a dictator on the floor that day, and we're hearing that john boehner dropped an f-bomb on harry reid outside the oval office. >> that's not routine. >> that's not routine. >> oh, it's -- it's more routine than you think. we all remember when dick cheney, the vice president, ran into pat leahy, the veteran senator who is now the senator -- senate pro tempor, the dean of the senate from vermont, ran i
speaker boehner was upset at harry reid because harry reid made some very intemperate and over the top kind of ridiculous remarks about the speaker as a dictatorship which, of course, is silly when you consider the speaker couldn't even get his own plan "b" cleared on the floor of the house of representatives because of republican opposition, but that's the kind of tension that arises when you've got polarized parties and one party especially in the grip of a faction that is very...
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Dec 30, 2012
12/12
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you know, senate majority leader, harry reid has got an approval rating just a little bit above that, 34% for his role in the fiscal cliff negotiations. >> let's move on to other polling information. which i agree is prety long-term. locking out to 2016 now, what is the potential impact on all of this say on who could replace the current president of the united states. what are we seeing? >> well you know, that's right. the future is very fascinating. we took a look in a poll that we released today, the cnn/orc poll that looked at republicans and democrats. we asked senators from both parties, who they support. let's take a look at the parties. here's the lineup, for the democrats it's secretary of state hillary clinton. she's far and away ahead of the pack with what, 85% of those who said they would support her. she's got a 20-point lead over the next front-runners, which is vice president joe biden. new york governor andrew cuomo, the son of mario cuomo is in third with 56%. >> a lot of that i would guess is probably just simply based on name recognition at this point? >> it is. >>
you know, senate majority leader, harry reid has got an approval rating just a little bit above that, 34% for his role in the fiscal cliff negotiations. >> let's move on to other polling information. which i agree is prety long-term. locking out to 2016 now, what is the potential impact on all of this say on who could replace the current president of the united states. what are we seeing? >> well you know, that's right. the future is very fascinating. we took a look in a poll that...
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Dec 28, 2012
12/12
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. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the only way a bill could make its way through the procedure hurdles in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on any bill the senate works out. outside the beltway, carlino will be watching. >> everybody's kind of in a wait-and-see and fingers crossed perspective right now. >> reporter: since 1930, this is only the fifth time congress has worked after christmas. tara mergener for cbs news, washington. >>> today's meeting will be the first time president obama and all four leaders of
. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can...
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Dec 31, 2012
12/12
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WBAL
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both sides are still divided, but before calling it quits yesterday, democratic leader harry reid said he hoped to have an announcement in the morning had the senate gets back to work. aides say they're specifically divided on what salary taxes should increase, but they say there was progress in terms of tax increases for the wealthiest of americans. also avoiding the inheritance tax increases. and democrats say that they're grateful that republicans have given up the demand for cuts to social security at least for now. now this progress has not come easy. democrats have accused republicans of being too stubborn on tax increases. and just yesterday, republicans slammed democrats for failing to give them a counteroffer in the negotiations. minority leader mitch mcconnell even called the vice president, joe biden, to get involved and help in the negotiations. they are hopeful that they will get a deal later today, but even with a deal, the fight isn't going to be over for long. republican will likely push for those reforms that they've given up on this time around in the new year when th
both sides are still divided, but before calling it quits yesterday, democratic leader harry reid said he hoped to have an announcement in the morning had the senate gets back to work. aides say they're specifically divided on what salary taxes should increase, but they say there was progress in terms of tax increases for the wealthiest of americans. also avoiding the inheritance tax increases. and democrats say that they're grateful that republicans have given up the demand for cuts to social...
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Dec 28, 2012
12/12
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. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes would plunge the u.s. back into a recession. just one possible effect of the fiscal cliff. milk prices could spike $2 or $3 a gallon, because farm pr
. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home...
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Dec 28, 2012
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. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd. he meaning the speaker. so it's very clear now mr. president that the speaker's number one goal is to get elected speaker on january 3. >> reporter: january 3 is the deadline for the new congress to start work. if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care abou
. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the...
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Dec 31, 2012
12/12
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then you tell us the this that -- about the discussion between harry reid and mitch mcconnell? >> right now there does not seem to be too much happening. we kind of had a topsy-turvy day. lots of sound and fury but not a lot of action. we had democrat to started the day, saying it will be republicans demand to change the way benefits are paid out that that was a non started to democrats. republicans said we put it out last night and an offer, we have not gotten a counteroffer from democrats and we are waiting to see where they are. both sides huddled this afternoon with their respective caucuses. republicans came out and said we are fine, we are taking the demand of the table, and democrats said they should have but that are still trying to balance the entire budget on the backs of the middle-class, and we are not there yet. what i hear from folks who are working -- the negotiations is the across the board defense and entitlement cuts does go into effect january 1 is a big sticking point in the negotiations. there is the tax piece with those trying to avoid taxes going up autom
then you tell us the this that -- about the discussion between harry reid and mitch mcconnell? >> right now there does not seem to be too much happening. we kind of had a topsy-turvy day. lots of sound and fury but not a lot of action. we had democrat to started the day, saying it will be republicans demand to change the way benefits are paid out that that was a non started to democrats. republicans said we put it out last night and an offer, we have not gotten a counteroffer from...
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Dec 29, 2012
12/12
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WBAL
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. >> reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest americans, but this issue remains a major sticking point with many republicans resisting any tax increase at all. economists say the last-minute process calls into question washington's ability to deal with the hard issues of tax reform and deficit reduction. >> the prospects for the economy are incredibly dim until we put in place a bigger deal, tackle these challenges, and put some certainty into the economy and boost confidence. >> reporter: meanwhile, americans watched with worry and frustration. >> i think they're all failing us a great deal and i'm so sick and tired of them fighting. >> the equivalent of worried about your mortgage after you're already homeless. so it's, like i said, sad. they have a job to do and they're not doing it. >> report
. >> reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest americans, but this issue remains a major sticking point with many republicans resisting any tax increase at all. economists say the last-minute process...
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Jan 2, 2013
01/13
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reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they create. and 2 million americans who are out of work but out there looking pounding the pavement every day are going to continue to receive unemployment benefits as long as they're actively looking for a job. but i think we all recognize this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. the fact is the deficit is still too high. and we're still investing too little in the things that we need for the economy to grow as fast as it should. and that's why speaker boehner and i originally tried to
reid, speaker boehner, nancy pelosi and mitch mcconnell. everyone worked really hard and once again, joe, i want to thank you for your great work. under this law more than 98 % of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make and the clean energy jobs they...
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Jan 2, 2013
01/13
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harry reid said back to boehner. what are you talking about. boehner repeated verbatim, go f yourself. this is indication of the poison atmosphere up here. when the sequestration runs out next few months and congress must vote to increase the debt ceiling. it appears speaker boehner is fwirding for a fight on both fronts in a statement that he issued last night. he said in part, quote, now the focus turns to spending. the american people reelected a republican majority in the house and we will use it in 2013 to hold the president accountable for the quote, balanced approach he promised. meaning significant spending cuts and reforms to entitlement programs that are driving our country deeper and deeper into debt. the president last night indicate he is open to come promy to spending cuts but drew a line when it comes to the debt ceiling. here's the president. >> now, one last point i want to make. while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they hav
harry reid said back to boehner. what are you talking about. boehner repeated verbatim, go f yourself. this is indication of the poison atmosphere up here. when the sequestration runs out next few months and congress must vote to increase the debt ceiling. it appears speaker boehner is fwirding for a fight on both fronts in a statement that he issued last night. he said in part, quote, now the focus turns to spending. the american people reelected a republican majority in the house and we will...
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Dec 28, 2012
12/12
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senate leaders harry reid and mitch mcconnell will be at that meeting scheduled for about seven hours from now. this could be their last chance to find terms they can all agree to. the president and senate got back to work yesterday. the house of representatives just got the call to return sunday night. a vote has been taken by monday or else automatic income tax increase will kick in on tuesday. republican aid say their leaders might now get on board with that. even so there is economic proof that many americans still fear going over the fiscal cliff. i'll have more on that in my next update. live in washington kyla campbell ktvu channel 2 news. >>> analysts say if the country goes over the fiscal shift it could send the economy back if into a recession. >>> secretary of state hillary clinton is expected to return to work next week. a specksman for clinton says she continues to recooperate at home. doctors say clinton contracted a stomach virus earlier this month and became dehydrated and fainted. >>> the sonoma county sheriffs office will continue its search today for a possible pla
senate leaders harry reid and mitch mcconnell will be at that meeting scheduled for about seven hours from now. this could be their last chance to find terms they can all agree to. the president and senate got back to work yesterday. the house of representatives just got the call to return sunday night. a vote has been taken by monday or else automatic income tax increase will kick in on tuesday. republican aid say their leaders might now get on board with that. even so there is economic proof...
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Dec 28, 2012
12/12
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KGO
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reid admitted a deal seems unlikely. >> i have to be very honest, mr. president, i don't know time wise how it can happen now. >> reporter: in a scathing attack, reid called house speaker john boehner a dictator, and blamed him for letting members stay home with no deal in sight. >> we are here in washington, working. while the members of the house of representatives are out watching movies and watching their kids play soccer and basketball. john boehner seems to care more about keeping his speakership. than about keeping the nation on firm financial footing. >> reporter: the republican leader responded saying it's democrats who failed to lead. >> make no mistake, the only reason the democrats have been trying to deflect attention onto me and my colleagues over the past few weeks, is that they don't have a plan of their own. >> reporter: president obama returned to washington for a last-minute push before leaving vacation in hawaii, he had separate phone conversations with congressional leaders. but it's not clear the talks helped. house republican lead
reid admitted a deal seems unlikely. >> i have to be very honest, mr. president, i don't know time wise how it can happen now. >> reporter: in a scathing attack, reid called house speaker john boehner a dictator, and blamed him for letting members stay home with no deal in sight. >> we are here in washington, working. while the members of the house of representatives are out watching movies and watching their kids play soccer and basketball. john boehner seems to care more...
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Dec 31, 2012
12/12
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CNBC
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aides say talks between harry reid and mitch mcconnell focus on extending middle class tax breaks and renewing unemployment benefits. president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. >> the sticking point appears to be a willingness, and interest or frankly, the courage to close the deal. >> i will say this. i think that the republican leader has shown absolutely good faith. it's just that we are apart on some pretty big issues. >> i want everyone to know i'm willing to get this done. but i need a dance partner. >> mitch mcconnell, who you just heard from there, is trying to enlist vice president joe biden in the fiscal cliff talks. in the absence of a deal, senator reid is prepared to hold a bill on the president's backup p
aides say talks between harry reid and mitch mcconnell focus on extending middle class tax breaks and renewing unemployment benefits. president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's...
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Dec 27, 2012
12/12
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reid in the senate don't have enormous power to get a deal done or stay here. don't go away for the holidays. maybe go to camp david like push did only 8 times and actually get the job done for the american people it's convenient to say it's the tea party fault i am not here to scapegoat then. americans though we have three branches of government. nothing can get passed unless the senate and house both pass bills, right? a tea party is a part of the equation. they do not have the amount of influence that they had before. but they are certainly are necessary to come to some sort of deal here if we're going to get anything done before january 1. i think the bottom line is this: we do not have a short-term deficit crisis. i agree with katrina on that point. we have a revenue problem. and a growth problem. we have millions of americans out of work. that. >> laura: zerlina, you have to be better at math than that. >> i'm very good at math, actually. >> laura: 90% tax rate on the upper income level on the united states is a drop in the bucket. >> that is not what i s
reid in the senate don't have enormous power to get a deal done or stay here. don't go away for the holidays. maybe go to camp david like push did only 8 times and actually get the job done for the american people it's convenient to say it's the tea party fault i am not here to scapegoat then. americans though we have three branches of government. nothing can get passed unless the senate and house both pass bills, right? a tea party is a part of the equation. they do not have the amount of...
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Dec 30, 2012
12/12
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WTTG
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. >> reporter: senate majority leader harry reid took a cautionary tone, perhaps to allay the fears of americans who are wondering how going off the cliff will affect their paychecks. analysts say taxes on people making between 50,000 and $75,000 a year will go up an average of $2400. >> whenever we come up -- whatever we come up is going to be imperfect. some people aren't going to like it, some people will like it less but that's where we are. i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. >> reporter: president obama says it's important for congress to vote on some type of package before the fiscal cliff deadline expires. >> if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an upor -- up or down vote, one that protects the middle class from a hike, extends insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and deficit reduction. >> the current
. >> reporter: senate majority leader harry reid took a cautionary tone, perhaps to allay the fears of americans who are wondering how going off the cliff will affect their paychecks. analysts say taxes on people making between 50,000 and $75,000 a year will go up an average of $2400. >> whenever we come up -- whatever we come up is going to be imperfect. some people aren't going to like it, some people will like it less but that's where we are. i feel confident that we have an...
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Dec 28, 2012
12/12
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KGO
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"the new york times" said that harry reid looked like an angry father-in-law, who kept coming to the floor, nursing a grudge all year long. this is not looking good, obviously. they're meeting at the white house, all four congressional leaders with the president. but, josh, this is the first meeting that they've had in six weeks. some might think this would have been -- we're about four days away. >> perhaps. >> every day, having meetings. it's been since november 16th. >> 96 hours away now. can we expect any reasonable breakthrough here? >> here's what could happen. and i will give this about a 3% to 5% chance of happening. you could have a small deal that would at least prevent these tax increases from going into effect for most people. that's what the president is going to try to push with congressional leadership. i wouldn't put a lot of hope in that. >> does the president offer his own bill in this meeting? >> and this is interesting. there were some reports the president was going to present his own plan to come to congress to do. he is not going to do that. he has offered the
"the new york times" said that harry reid looked like an angry father-in-law, who kept coming to the floor, nursing a grudge all year long. this is not looking good, obviously. they're meeting at the white house, all four congressional leaders with the president. but, josh, this is the first meeting that they've had in six weeks. some might think this would have been -- we're about four days away. >> perhaps. >> every day, having meetings. it's been since november 16th....
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reid, off, using language i can't use here on "good morning america." >> you can't even paraphrase. >>> let's get a closer look at what the deal means to you at home. lots of paycheck changes right now. and bianna golodryga is at the smart screen to break it down. about 99% of americans protected from an income tax increase. but most workers will take a hit. >> taking a hit from payroll taxes going up. this affects everyone making $110,000 or less. so, this year, anyone making $110,000 will be paying an extra $2,200 in taxes. people making $50,000 will pay an extra $1,000. and someone making $20,000 a year will be paying more $400 a year. >> but most of the burden falling on the top 1%. >> let's take a look. your typical hollywood movie star may be taking over $20 million in year. they'll be paying $1 million in income taxes. we're talking about a lot of money. we heard jay-z and beyonce earned close to $80 million last year. they're going to pay an additional $4 million in income taxes. close to 5% increase in income taxes. >> one of the surprises. this deal is going to increase th
reid, off, using language i can't use here on "good morning america." >> you can't even paraphrase. >>> let's get a closer look at what the deal means to you at home. lots of paycheck changes right now. and bianna golodryga is at the smart screen to break it down. about 99% of americans protected from an income tax increase. but most workers will take a hit. >> taking a hit from payroll taxes going up. this affects everyone making $110,000 or less. so, this year,...
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Jan 2, 2013
01/13
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CURRENT
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reid to go f himself on friday after reid said that boehner was treating the house like a dictatorship. the white house and the senate did come to a deal and then the house voted on it late last night. they passed with 257 votes. leadership on the republican side was split however. boehner and budget committee chairman paul ryan voted yes while eric cantor and kevin mccarthy voted no. if he decides to run for president in 2016, he might be going up against rubio or rand paul, they both voted no. ryan would be only one of the three that voted yes. the plan means the bush tax cuts will continue for those making under $400,000 a year and couples making less than $450,000 a year. the tax rates will go back up for those making more. the automatic spending cuts that were set to kick in today are delayed for two months. the deal with extend unemployment insurance for some two million people for a year. the estate tax goes back up to 40%. also tax credits will continue for child care, tuition and research and development. on the flip side, the payroll tax rate will go back up to more than 6%.
reid to go f himself on friday after reid said that boehner was treating the house like a dictatorship. the white house and the senate did come to a deal and then the house voted on it late last night. they passed with 257 votes. leadership on the republican side was split however. boehner and budget committee chairman paul ryan voted yes while eric cantor and kevin mccarthy voted no. if he decides to run for president in 2016, he might be going up against rubio or rand paul, they both voted...